Bayshore Capital Advisors LLC Makes New $7.68 Million Investment in iShares Russell 1000 ETF $IWB

Bayshore Capital Advisors LLC acquired a new stake in iShares Russell 1000 ETF (NYSEARCA:IWB) in the third quarter, Holdings Channel.com reports. The firm acquired 18,461 shares of the company’s stock, valued at approximately $7,682,000. iShares Russell 1000 ETF makes up approximately 4.0% of Bayshore Capital Advisors LLC’s portfolio, making the stock its 6th biggest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wealth Dimensions Group Ltd. increased its position in iShares Russell 1000 ETF by 3.6% in the third quarter. Wealth Dimensions Group Ltd. now owns 750 shares of the company’s stock worth $312,000 after buying an additional 26 shares during the period. Rockland Trust Co. boosted its holdings in shares of iShares Russell 1000 ETF by 1.1% in the 2nd quarter. Rockland Trust Co. now owns 2,519 shares of the company’s stock valued at $1,032,000 after purchasing an additional 28 shares in the last quarter. Retirement Wealth Solutions LLC increased its holdings in iShares Russell 1000 ETF by 1.2% in the third quarter. Retirement Wealth Solutions LLC now owns 2,302 shares of the company’s stock worth $958,000 after purchasing an additional 28 shares in the last quarter. Global Wealth Strategies & Associates grew its position in shares of iShares Russell 1000 ETF by 2.1% during the 3rd quarter. Global Wealth Strategies & Associates now owns 1,414 shares of the company’s stock valued at $588,000 after acquiring an additional 29 shares during the period. Finally, Beacon Capital Management LLC lifted its position in iShares Russell 1000 ETF by 6.5% in the 3rd quarter. Beacon Capital Management LLC now owns 540 shares of the company’s stock worth $225,000 after buying an additional 33 shares during the last quarter.

iShares Russell 1000 ETF Trading Up 0.4%

IWB opened at $402.58 on Friday. The company has a market capitalization of $46.58 billion, a PE ratio of 24.71 and a beta of 1.00. The firm’s 50 day simple moving average is $418.34 and its two-hundred day simple moving average is $399.39. iShares Russell 1000 ETF has a 1-year low of $345.21 and a 1-year high of $427.04.

iShares Russell 1000 ETF Company Profile

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.